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Fed’s Janet Yellen Opposes Currency Sanctions in Trade Deals

Sanctions for currency manipulation should not be built into trade agreements because that could harm the appropriate conduct of monetary policy, Federal Reserve Chairwoman Janet Yellen said Tuesday.


Source: http://blogs.wsj.com/economics/2015/02/24/feds-janet-yellen-opposes-currency-sanctions-in-trade-deals/?mod=WSJBlog

Love or Hate Trade Deals, There’s Ammunition in Widening U.S. Trade Deficit

The record-setting expansion of the trade deficit in December has fired up an economic debate at the center of President Barack Obama’s push to negotiate a giant trade agreement with 11 Pacific partners.
Leading critics of Mr. Obama’s trade policy, including labor leaders and Detroit’s auto industry, see the disturbing deficits as evidence that previous efforts to lower trade barriers have backfired.


Source: http://blogs.wsj.com/economics/2015/02/05/love-or-hate-trade-deals-theres-ammunition-in-widening-u-s-trade-deficit/?mod=WSJBlog

How the U.S. Oil Boom Is Altering the Trade Deficit

An oil drilling rig near Watford City, N.D., which saw a boom in oil production thanks to new drilling techniques.
Getty Images

The boom in U.S.


Source: http://blogs.wsj.com/economics/2015/02/05/how-the-u-s-oil-boom-is-altering-the-trade-deficit/?mod=WSJBlog
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